Note: This program is fully subscribed and currently is not accepting applications. Check with the program administrator regarding the possibility of future program funding.

The New Hampshire Community Loan Fund and the New Hampshire Community Development Finance Authority offer the Enterprise Energy Fund. This revolving loan is funded through New Hampshire's State Energy Program allocation under the American Recovery and Reinvestment Act (ARRA). The purpose of the fund it to help business owners and non-profit organizations in the state make energy improvements on their buildings. A wide range of activities are eligible for funding including energy audits, whole building improvements, equipment and appliance upgrades, lighting upgrades, heating and cooling upgrades, solar thermal technologies, and renewable energy installations, among others. The CDFA and Community Loan Fund will work with organizations to try to make the cost of financing less than the energy savings.

The application period is currently open and applicants must submit initial inquiries via the CDFA grants management website. There is no application deadline, however, funding is available on a first-come, first-served basis. Project applications will be evaluated on criteria including the financial stability of the business or non-profit, the age of the building where the efficiency project is proposed, and the current energy efficiency of the building (based on an energy audit). In addition, because the Enterprise Energy Fund is trying to include a wide range of business types (small, large) and geographic diversity, those factors will also be considered in funding decisions.

The Enterprise Energy Fund, while primarily a revolving loan, will have a limited amount of funding for grants. These grants will be used to bring costs down for non-profits that provide "essential services," as well as support eligible commercial entities invest in renewable energy systems to bring the payback period down.